The high end of Melbourne’s prestige property market surged during the pandemic-induced property boom of 2020-early 2022 and while the markets across the board have cooled as the cost-of-living crisis strikes, some of Australia’s richest continued to splash out on record-breaking multi-million-dollar property sales throughout the past 12 months. The surge in property prices wasn’t justRead More
Brisbane’s property market has seen some of the most robust growth of markets across the country, supported by the pandemic-induced sea and tree-change shift. The city had the strongest property market in 2021 exhibiting astonishing growth, with many locations experiencing 30% or more house price growth. And as higher borrowing costs began to weigh heavily onRead More
Property prices in popular school zones across Australia have outperformed by as much as 10%. Domain’s latest School Zones Report reveals that property prices in almost half of Australia’s primary and secondary school zones have outperformed the house price growth of the suburb they are located in. The data shows that parents are willing toRead More
Homeowners in Sydney’s western suburbs are the most financially stressed across the city with as many as 500 households at risk of falling behind on their mortgage, credit bureau Illion predicts. The data shows that around 0.63% of home loans were more than 30 days overdue in December, which is expected to rise to 0.66%Read More
Melbourne’s property market enjoyed a boom in buyer activity during the past two pandemic years as cheaper borrowing caused a boom in demand at a time when supply was already thin on the ground. And data shows that it was the cities with a clear lack of available properties to purchase where prices rose theRead More
